ETF Inflows & Outflows
Performance Leaders & Laggards
Source: ETF Action; flows and performance data as of 11/28/24; performance data excludes leveraged and inverse products
Weekly ETF Reads
ETF Industry Gratitude by Todd Rosenbluth
“The $100 billion and $56 billion pulled into VOO and IVV, respectively, are larger than the asset bases of nearly all other ETFs.”
This Warren Buffett-Owned ETF Threatens SPY’s Dominance by Matt Krantz
“The success of SPY’s competitors, including its own sister fund SPLG, is a positive sign for the industry.”
Corporate Bond ETFs Are Fueling a Rise in Monster Block Trades by Josyana Joshua and Isabelle Lee
“Dealers making markets in ETFs can buy up big chunks of debt and bundle them into fund shares.”
Flows jump after mutual fund-to-ETF conversions, BofA study shows by Steve Johnson
“Dimensional ETFs are doing a lot of the heavy lifting in this research.”
Fund Providers Flock to Vanguard’s ETF Share Class by Daniel Sotiroff
“Mutual funds are struggling to attract investors.”
Active ETFs Are Driving Inflows Over $1T Mark by Jeff Benjamin
“The success of issuers like JP Morgan, Dimensional, and Capital Group in the active ETF space is creating a little more parity at the top of the leaderboard.”
Why are ESG-oriented ETFs going away? by Eric Revell
“At first it was the greenwashing, virtue signaling and the rising tide that lifted all boats that led to the adoption.”
Wall Street’s ETF Crew Ready to Pounce in Era of Crypto ‘Degens’ by Emily Graffeo and Muyao Shen
“The ETF industry is entering a ‘Wild West’ era under likely new SEC leadership.”
Could there be a Dogecoin ETF in 2025? ‘Today’s satire is tomorrow’s ETF’ says expert by Jason Shubnell
“I think someone’s gonna try it because why not?”
ETF Tweet of the Week
With the holiday-shortened week, the ETF news flow and tweets were fairly light – except for the category that never sleeps. Crypto.
Today, NYSE Arca filed to list a Bitwise ETP that would hold both spot bitcoin AND ether, weighted by market cap.
— Bitwise (@BitwiseInvest) November 26, 2024
The goal: Give investors balanced exposure to the two largest crypto assets in the world in an easy-to-access format. pic.twitter.com/TcBpQM8OhW
ETF Chart of the Week
At this time last year, spot bitcoin ETFs didn’t exist. Fast forward just one year, and we now have filings for combined bitcoin and ether ETFs (see above tweet), crypto index ETFs, solana ETFs, XRP ETFs, a litecoin ETF, and an HBAR ETF. Yes, an HBAR ETF.
Source: Bloomberg’s James Seyffart
